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Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.
November 6 -
The Pittsburgh-based institution can now serve more than a dozen municipalities in the Keystone State.
November 4 -
A deal bringing Charleston County Teachers Federal Credit Union into the fold is South Carolina Federal’s third acquisition of 2020.
November 3 -
Members of Niagara Mohawk Power Corp. Troy Employees Federal Credit Union recently voted to merge with Albany-based CAP COM.
November 2 -
The acquisition will consolidate United's position in the St. Joseph market, where both institutions are based.
October 27 -
The deal will expand the credit union's reach into western Michigan at a time when a growing number of banks are trimming their networks.
October 26 -
Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio.
October 26 -
Institutions that cling to outdated lending tools run the risk of being left behind by commercial clients who are barraged with opportunities to borrow faster and more conveniently.
October 22
LendingFront -
State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.
October 21 -
Many credit unions offer youth accounts to help establish early banking relationships, but a new account for kids from the nation’s largest bank has raised the level of competition.
October 21 -
The combined institution will serve almost 75,000 members with nearly $660 million in assets.
October 20 -
The California-based institution joins a small group of CUs that represent only about 7% of institutions but hold about 70% of industry assets.
October 13 -
The deal is expected to close sometime next year but is still subject to regulatory and member approval.
October 9 -
The number of religiously affiliated credit unions continues to dwindle and many have changed their name as part of a push to diversify their fields of membership.
October 5 -
The expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.
October 2 -
Regulators have approved the Colorado institution's bid to serve consumers across three different counties.
September 30 -
Members of St. Matthews Federal Credit Union are set to vote on whether to join the $2.3 billion-asset Chartway before the end of the year.
September 29 -
Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.
September 25 -
Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.
September 24 -
The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.
September 18
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